Morningstar

Third Avenue Real Estate Value Fund Investor Class TVRVX

Morningstar Medalist Rating
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Medalist Rating as of See Third Avenue Investment Hub
  • NAV / 1-Day Return$22.57  /  −1.57%
  • Fund Size$264.3M
  • Adjusted Expense Ratio1.420%
  • Net Expense Ratio1.410%
  • Fee Level: DistributionAbove Average
  • Share Class TypeNo Load
  • Morningstar CategoryGlobal Real Estate
  • Equity Style Box (Funds)Mid Value
  • Minimum Initial Investment$2,500
  • Investment StatusOpen
  • TTM Yield0.96%
  • Turnover Ratio16%
NAV and 1-Day Return as of

Morningstar’s Analysis TVRVX

Will TVRVX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TVRVX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the TVRVX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of TVRVX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A contrarian approach to global real estate.

Associate Analyst Mary Marshall

Mary Marshall

Associate Analyst

Summary

Third Avenue Real Estate Value differentiates itself from global real estate Morningstar Category peers through its contrarian approach and focused portfolio.

by Mary Marshall
Rated on Published on

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Portfolio Holdings TVRVX

More TVRVX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings45.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CBRE Group Inc Class A

5.6817M
Real Estate

Brookfield Corp Registered Shs -A- Limited Vtg

5.2116M
Financial Services

U-Haul Holding Co Ordinary Shares - Series N

5.0815M
Industrials

Federal National Mortgage Association Fannie Mae Fixed/Floating Rate Non Cu

4.5714M
Financial Services

Federal Home Loan Mortgage Corp FXDFR PRF PERPETUAL USD 25

4.4814M
Financial Services

Five Point Holdings LLC Class A

4.4613M
Real Estate

Prologis Inc

4.4013M
Real Estate

BNY Dreyfus Treasury Secs Csh Mgmt Inst

4.1513M
Corporate

Lennar Corp Class B

4.1112M
Consumer Cyclical

PulteGroup Inc

4.0412M
Consumer Cyclical

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